Deep-Dive Report: Mohammed Dewji — The Turnaround Machine
East Africa’s only billionaire built a roughly $2.1 billion fortune buying what others had given up on — and fixing it. Inside the METL playbook, the man, and the ordeal that tested both.
Skip to content
East Africa’s only billionaire built a roughly $2.1 billion fortune buying what others had given up on — and fixing it. Inside the METL playbook, the man, and the ordeal that tested both.
Nigeria’s most private billionaire built a fortune of roughly $6.5 billion on telecoms and oil — and tells almost no one how. A full read of an empire that hides in plain sight.
A decade in the making and only now running at full capacity, the world’s most ambitious refinery had never carried a market price. In ten days this month, it finally did — and the demand suggests the number is a floor.
The eldest Sawiris turned a telecom windfall into a gold-and-property empire built for turbulent times — and his net worth now depends on which index you read. Inside the holdings, the strategy, and the range.
A gold correction stripped $700 million from South Africa’s richest Black industrialist in three months. The episode is a window into a fortune built on mining beta — and the quieter machine built to offset it.
A banker turned energy consolidator is building a self-reinforcing African conglomerate — and his move on Seplat is the most consequential yet. Inside the architecture, the catalyst, and why we decline to put a net-worth figure on him.
The founder of Nigeria’s most profitable bank has left its chairmanship — and is pouring his conviction into the Lagos skyline. A full read of where the fortune sits, and where it’s moving.
How a near-two-decade friendship between South Africa’s richest man and Rurik Göbel collapsed over a R2.3 billion Stellenbosch land deal.
The three-vehicle architecture behind South Africa’s largest fortune — and why the Richemont headline understates it.
Anatomy of a $6.8 billion year — and the refinery, cement and listings that could carry Africa’s richest man past $40 billion.
At 93, Othman Benjelloun still holds both the chairman and chief-executive titles at Bank of Africa, still chairs the strategy committee, and by all accounts intends to keep going.
On May 20, two men who have been friends for 25 years stood on the same refinery jetty. One is preparing to sell a slice of the future. The other is buying in.
A cross-continent read on the capital decisions reshaping African wealth this week.
Inside the Dangote Refinery listing and what a public valuation does to Africa’s largest private fortune.
A wealth-architecture profile of Patrice Motsepe, whose $4.3 billion fortune now spans diversified mining, gold, digital banking, renewable energy, and a presence on the share register of the world's largest sovereign wealth fund.
The refinery has already displaced the majority of Nigeria's fuel imports on volume. The NNPC's argument is therefore not primarily about supply adequacy, the refinery is demonstrably supplying the bulk of national demand, but about price.